The prices in real estate in Holly Ridge, in the North Carolina region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Holly Ridge has increased strongly during the last 6 months. In October, the average price per sq.feet was $117. In November this price pretty much remained the same at a value of $120 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $118.5 to $118.5 per sq.feet. The price per sq.feet has had a considerable increase of 713 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $118.5 to $844.5 during February, and March.
Based upon to the price in Holly Ridge (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $205,639. In November This price remains at $211,824. In the following two months the average price has remained the same with regard to the previous two months from $208,731.5 to $205,938. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $207,334.75 and $197,460 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $195,672 they are 3 % more affordable than the average price for Holly Ridge. The properties with the highest average price have 2 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 1 bedroom priced at $189,235.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $91 / sq.feet, with an average $880 / sq.feet price in Holly Ridge. The properties with the lowest average prices have 2 bedrooms. They are 87 % cheaper than the average followed by properties with 1 bedroom with a price at $91 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $195,672 it is 12 % cheaper than the average price in Holly Ridge. "Commercial Property" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "House". At a price of $224,413 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $70 / sq.feet followed by "Condo" priced at $86 / sq.feet. "Duplex" is the cheapest type of property with a $133 / sq.feet value followed by "House" with an average price of $115 / sq.feet.